Suppose an individual makes an initial investment of $3000 in an account that earns 7.8%, compounded monthly, and makes additional contributions of $100 at the end of each month for a period of 12 years. After these 12 years, this individual wants to make withdrawals at the end of each month for the next 5 years (so that the account balance will be reduced to $0). (Round your answers to the nearest cent.)
(a) How much is in the account after the last deposit is made?
$
(b) How much was deposited?
$
(c) What is the amount of each withdrawal?
$
(d) What is the total amount withdrawn?
$